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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 177,240 $ 225,333
Short-term investments and interest bearing deposits 416,538 374,957
Securities available-for-sale (amortized cost of $1,443,730 in 2019 and $1,267,731 in 2018) 1,451,842 1,242,509
Loans 15,075,481 13,995,788
Less: Allowance for loan losses (123,224) (122,391)
Unamortized deferred loan fees, net (626) (1,565)
Loans, net 14,951,631 13,871,832
Equity securities 28,005 25,098
Federal Home Loan Bank stock 18,090 17,250
Other real estate owned, net 10,244 12,674
Affordable housing investments and alternative energy partnerships, net 308,681 282,734
Premises and equipment, net 104,239 103,189
Customers’ liability on acceptances 10,694 22,709
Accrued interest receivable 53,541 51,650
Goodwill 372,189 372,189
Other intangible assets, net 6,296 7,194
Right-of-use assets- operating leases 33,990 0
Other assets 150,924 175,419
Total assets 18,094,144 16,784,737
Deposits    
Non-interest-bearing demand deposits 2,871,444 2,857,443
Interest-bearing deposits:    
NOW deposits 1,358,152 1,365,763
Money market deposits 2,260,764 2,027,404
Savings deposits 758,903 738,656
Time deposits 7,443,045 6,713,074
Total deposits 14,692,308 13,702,340
Short-term borrowings 25,683 0
Advances from Federal Home Loan Banks, Total 670,000 530,000
Other borrowings for affordable housing investments 29,022 17,298
Long-term debt 119,136 189,448
Deferred payments from acquisition 7,644 18,458
Acceptances outstanding 10,694 22,709
Lease liabilities - operating leases 35,873 0
Other liabilities 209,501 182,618
Total liabilities 15,799,861 14,662,871
Commitments and contingencies
Stockholders’ Equity    
Common stock, $0.01 par value, 100,000,000 shares authorized, 90,064,382 issued and 79,729,419 outstanding at December 31, 2019, and 89,826,317 issued and 80,501,948 outstanding at December 31, 2018 900 898
Additional paid-in-capital 950,466 942,062
Accumulated other comprehensive income/(loss), net 2,302 (18,006)
Retained earnings 1,659,153 1,479,149
Treasury stock, at cost (10,334,963 shares at December 31, 2019, and 9,324,369 shares at December 31, 2018) (318,538) (282,237)
Total equity 2,294,283 2,121,866
Total liabilities and equity $ 18,094,144 $ 16,784,737